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Clarks to Cut 900 Jobs Amid COVID Liquidity Crisis

Join Isko and Rivet magazine on June 3 at 11 am ET for REFASHIONED, a roundtable discussion on the denim industry’s new normal, from concept to consumer.

Clarks is facing a liquidity crisis and the fix, for now, will come in the form of staff and store cutbacks. The U.K. footwear firm said it’s cutting 900 jobs and shuttering an undisclosed number of stores as part of a restructuring strategy aimed at turning the company around. Nearly 200 jobs have already been…

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